Summary - FLAT, 2, HUNGATE, BECCLES NR34 9TL
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Established 22-year-old thriving restaurant and delicatessen with diverse offerings.
- Prime location in vibrant Beccles town center, attracting considerable foot traffic.
- Spacious interior with high ceilings and tasteful decor, accommodating up to 40 diners.
- A robust business with multiple income streams: delicatessen, coffee shop, takeaway, and outside catering.
- Generous lease terms remaining (16 years left) with room for expansion in evening hours.
**Potential Concerns:**
- Crime rate in the local area is notably high.
- Length of lease may be a concern for mortgage lenders.
- Older property (pre-1900) may necessitate future renovations or updates.
**Property Summary:**
Discover a rare opportunity to acquire a popular and well-established high street retail property located at 2 Hungate, Beccles, Suffolk. This thriving delicatessen and restaurant has been a local favorite for 22 years, offering a vibrant dining experience with a spacious open plan layout and timbered vaulted ceiling, perfect for up to 40 covers. The shop boasts a diverse selection of meats, cheeses, and locally-sourced goods, complemented by a cozy coffee shop atmosphere.
Positioned in a bustling market town with a population of nearly 14,000, this property benefits from a constant flow of potential customers due to its central location, surrounded by a variety of independent shops and essential services. With an impressive energy performance rating (Band B) and multiple income channels, including takeaways and catering services, this is a lucrative investment.
However, be mindful of the area's high crime rate and the potential hurdles posed by the remaining lease period, which may complicate financing. Take advantage of this exceptional business opportunity in a dynamic community – it won't last long!
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